This Guidelines sets out the CPE-recognized activities which CMSRL holders may undertake for the purpose of claiming CPE points as well as the procedures involved in obtaining the said points.
CPE points can be obtained from participating either in active learning or development of others. “Active Learning” refers to any form of learning that is proactive and arising from participative or interactive format whilst “Development of Others” refers to sharing of knowledge and expertise for the benefit of others.
The CPE-approved activities that fall under each of the learning elements are listed as follows:-
Please note that under Para 8.01 (3) of the SC Licensing Handbook, CMSRL holders are not allowed to carry forward any excess CPE points for the purpose of their next licence renewal.
The Guidelines may be updated from time to time and any changes or amendments made to the same will be effective immediately and will prevail over the previous version of the Guidelines.
| 1. |
Attending CPE-approved programmes |
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(i) |
CMRSL holders may obtain points through attending or completing the following CPE-approved programmes: |
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a. |
formal face-to-face education programmes |
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b. |
distance education programmes |
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c. |
online courses |
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d. |
short courses |
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e. |
conferences and seminars |
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(ii) |
There is no limit in the CPE points collected under this category. |
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Procedures for claiming CPE points for attending CPE-approved programmes:
- Register for a CPE-approved course(s) with relevant CPE-approved Training Provider(s).
- The CPE-approved Training Provider will upload the appropriate CPE points for the CMSRL holders via the CPE Tracker System after the successful completion of the course.
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| 2. |
Obtaining CPE-recognised qualifications |
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(i) |
The following qualifications have been CPE-recognised and CPE points will be awarded to CMSRL holders based on the effective date of the said qualifications as stated below. |
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(ii) |
CMSRL holders would only be entitled to claim CPE points for qualifications obtained during the tenure of the CMSRL holder’s licence. |
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(iii) |
No backdating of CPE points for qualifications obtained prior to the effective date is allowed. |
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(iv) |
Twenty (20) CPE points would be awarded upon successful completion of each CPE-recognised qualification. |
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(v) |
The CPE points granted for this category must be claimed within 12 months from the date of the Certificate. |
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(vii) |
CMSRL holder with a 1-year licence period may obtain a maximum of 20 CPE points whilst those with a 2-year licence period may obtain a maximum of 40 CPE points from this category. |
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List of CPE-recognised qualifications |
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No. |
Qualification |
Effective Date |
1 |
PhD programme (Majors: Finance, Accountancy, Business & Law) |
21 Mar 2003 |
2 |
Masters programme (Majors: Finance, Accountancy, Business & Law) |
3 |
Basic degree (Majors: Finance, Accountancy, Business & Law) |
4 |
Chartered Financial Analyst (CFA) |
5 |
Certified Financial Planner (CFP) |
6 |
Chartered Certified Accountant (ACCA) |
7 |
Chartered Financial Consultants (ChFCs) |
8 |
Chartered Management Accountant (CIMA) |
9 |
Chartered Public Accountant (MICPA) |
10 |
Grad ICSA (MAICSA) |
11 |
Islamic Financial Planning Course (IFPC) by FPAM |
12 Oct 2004 |
12 |
International Fixed Income and Derivatives (IFID) Certificate |
27 May 2005 |
13 |
Registered Financial Planner (RFP) |
28 Nov 2005 |
14 |
Diploma of Share Trading and Investment by Wealth Within Institute, Australia |
15 Sept 2008 |
15 |
Islamic Financial Planner (IFP) by FPAM |
10 Oct 2008 |
16 |
Certificate of Real Investment Finance (CREIF) by APREA Institute, Singapore |
5 October 2010 |
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Procedures for claiming CPE points for obtaining CPE-recognised qualifications:
- Submit a letter of application containing the CMSRL holder’s details (i.e. Licence No. and NRIC No.) together with the certified true copy of the examination transcript or Certificate to the CPE Secretariat.
- Appropriate CPE points will be awarded to the CMSRL holders upon verification of the complete documentation.
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| Development of Others |
| 1. |
Serving in CPE-approved industry associations or committees |
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(i) |
Members of the listed industry associations or committees will be granted CPE points based on the following office bearer’s position: |
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Office bearer’s position |
Maximum CPE points for a 1-year licence period |
Maximum CPE points for a 2-year licence period |
Chairperson |
10 |
20 |
President |
10 |
20 |
Vice President / Vice Chairperson |
10 |
20 |
Secretary |
5 |
10 |
Treasurer |
5 |
10 |
Committee Members |
5 |
10 |
Sub-Committee Members |
5 |
10 |
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(ii) |
For CMSRL holder who holds several office bearer positions under a particular industry association or committees, CPE Points would only be granted once based on the highest level of such position. |
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(iii) |
Please refer to the table above for the respective maximum CPE Points that can be obtained by CMSRL holders under this category. |
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List of CPE-approved Industry Associations
- Association of Stockbroking Companies Malaysia (ASCM)
- Federation of Public Listed Companies in Malaysia (FPLC)
- Financial Planning Association of Malaysia (FPAM)
- Malaysian Accounting Standards Board (MASB)
- Malaysian Association of Asset Managers (MAAM)
- Malaysian Institute of Certified Public Accountants (MICPA)
- Malaysian Futures Brokers Association (MFBA)
- Malaysian Institute of Accountants (MIA)
- Malaysian Venture Capital Association (MVCA)
- Persatuan Peniaga-peniaga Saham Malaysia (PERSAMA)
- Persatuan Remisier Bumiputera Malaysia (PRIBUMI)
- Persatuan Remisier Sarawak (PERIMSA)
- Malaysian Society of Financial Analysts (MSFA)
- Malaysian Financial Planning Council (MFPC)
- Malaysian Association of Chartered Financial Consultants ( MAChFC)
- Federation of Investment Managers Malaysia (FiMM)
- Malaysian Investment Banking Association (MIBA)
List of CPE-approved Industry Committees
- BTF Education Committee
- BTF Finance Committee
- BTF Trustees
- CPE Advisory Group
- CPE Working Committee
- Bursa Malaysia Board of Directors
- Bursa Malaysia Listing Committee
- Bursa Malaysia Market Participation Committee
- Bursa Malaysia Compensation Committee
- Bursa Malaysia Appeals Committee
- Bursa Malaysia Consultative Panels
- Malaysian Central Depository (MCD) Advisory Committee
- Shariah Advisory Council (SAC) of the Securities Commission
- Capital Market Development Fund (CMDF) Board
- Vision Development Participant Group of the ASEAN Capital Market Forum
Procedures for claiming CPE points for serving in CPE-approved industry associations or committees:
- Submit a letter of application containing the CMSRL holder’s details (i.e. Licence No. and NRIC No.) together with the confirmation letter from the respective industry associations or committees to the CPE Secretariat.
- Appropriate CPE points will be awarded to the CMSRL holders upon verification of the complete documentation.
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| 3. |
Public speaking on topics or subjects relating to the capital market |
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(i) |
CPE points awarded to speakers would be based on the duration of the speaking event:
- 5 CPE points for three hours or less
- 10 CPE points for more than three hours
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(ii) |
This category includes lecturing on a capital market based subject conducted over the entire duration of the subject. |
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(iii) |
No additional CPE points will be awarded for speaking on the same topic or subject within the licence period. |
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(iv) |
CMSRL holder with a 1-year licence period may obtain a maximum of 10 CPE whilst those with a 2-year licence period may obtain a maximum of 20 CPE point from this category. |
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Procedures for claiming CPE points for public speaking on topics or subjects relating to the capital market:
- Submit a letter of application containing the CMSRL holder’s details (i.e. Licence No. and NRIC No.), confirmation letter from the respective organisers and the outline of the presentation to the CPE Secretariat.
- Appropriate CPE points will be awarded to the CMSRL holders upon verification of the complete documentation.
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| 4. |
Writing materials in a recognised business publication |
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(i) |
CPE points will only be awarded for writing capital market related publication according to the publication date. CPE points awarded per submission are:
- 5 CPE points for one (1) publication
- 10 CPE points for two (2) or more publications
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(ii) |
Despite the above, CPE points for each book publication will be based on the publication date as follows:
- 10 CPE points when published
- 5 CPE points for subsequent updates
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(iii) |
No additional CPE points will be awarded for the same materials or book republished in the same or different year or republished by different publisher. |
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(iv) |
The granting of CPE points in any publication does not imply any endorsement from SC and/or SIDC on its contents. |
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(v) |
CMSRL holder with a 1-year licence period may obtain a maximum of 10 CPE whilst those with a 2-year licence period may obtain a maximum of 20 CPE point from this category. |
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Procedures for claiming CPE points for writing materials in a recognised business publication:
- Submit a letter of application containing the CMSRL holder’s details (i.e. Licence No. and NRIC No.) together with a copy of the published materials or book and where necessary, a confirmation letter from the relevant publisher verifying the authorship of the CMSRL holder to the CPE Secretariat.
Other details to be included in the letter are:
- Name of publication
- Date of publication
- Name of publisher
- ISBN (where appropriate)
Appropriate CPE points will be awarded to the CMSRL holders upon verification of the complete documentation. |
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| 5. |
Serving the Securities Commission as an expert witness |
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(i) |
The CMSRL holder must be appointed and served as an expert witness for the Securities Commission and must have committed to substantial amount of related work. |
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(ii) |
CPE points will still be awarded even though the CMSRL holder is not called to the court. |
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(iii) |
CMSRL holder with a 1-year licence period may obtain a maximum of 20 CPE whilst those with a 2-year licence period may obtain a maximum of 40 CPE point from this category. |
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Procedures for claiming CPE points for serving the Securities Commission as an expert:
- Submit a letter of application containing the CMSRL holder’s details (i.e. Licence No. and NRIC No.) together with the confirmation letter from the Enforcement Division of the Securities Commission.
- Appropriate CPE points will be awarded to the CMSRL holders upon verification of the complete documentation.
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